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03/01/2013 05:46:30 PM EST

Insurers' Claims Trimmed In $35M Arena Bond Row

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Law360: Securities

A Canadian entrepreneur scored a partial victory Friday as an Arizona federal judge sliced half the claims from a consolidated suit led by Allstate Life Insurance Co. and Wells Fargo Bank NA over losses from a $35 million bond offering to finance a 5,000-seat arena. Read More...